{"id":73538,"date":"2022-11-16T13:15:00","date_gmt":"2022-11-16T07:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=73538"},"modified":"2022-11-16T13:12:00","modified_gmt":"2022-11-16T07:42:00","slug":"stock-jumps-12-to-reach-52-week-high-after-good-q2-results-do-you-own-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-12-to-reach-52-week-high-after-good-q2-results-do-you-own-it\/","title":{"rendered":"Stock jumps 12% to reach 52 week high after good Q2 results; Do you own it?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3698365495\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Housing and Urban Development Corporation Limited (HUDCO) opened at Rs 42.35 on Wednesday and spiked by approximately 12 per cent to reach a new 52-week high of Rs 47.35 in the early trading hours.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3384665866\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock rallied after the company posted its quarterly results. Their revenue from operations in the period stood at Rs 1,738.61 Crores which increased marginally from Rs 1,745.62 crores in the same period a year earlier. Their net profit stood at Rs 396.31 crore in the period which increased from Rs 370.40 crore in Q2FY22.&nbsp;<\/p><p>The <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/HUDCO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Housing and Urban Development Corporation Limited<\/a><\/strong> (HUDCO) is a public-sector undertaking that provides financial assistance to the public-sector enterprise, in the field of housing and infrastructure development.\u00a0<\/p><p>In the past month, the stock has gained approximately 30 per cent, and in the past six months, the stock has been on an uptrend and has gained approximately 44 per cent.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-1522874954\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-437100872\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Housing and Urban Development Corporation Limited (HUDCO) opened at Rs 42.35 on Wednesday and spiked by approximately 12 per cent to reach a new 52-week high of Rs 47.35 in the early trading hours.\u00a0 The stock rallied after the company posted its quarterly results. Their revenue from operations in the period stood [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":62638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-73538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps 12% to reach 52 week high after good Q2 results; Do you own it? - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-12-to-reach-52-week-high-after-good-q2-results-do-you-own-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 12% to reach 52 week high after good Q2 results; Do you own it?\" \/>\n<meta property=\"og:description\" content=\"The shares of Housing and Urban Development Corporation Limited (HUDCO) opened at Rs 42.35 on Wednesday and spiked by approximately 12 per cent to reach a new 52-week high of Rs 47.35 in the early trading hours.\u00a0 The stock rallied after the company posted its quarterly results. 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